1047 Reserve Way Indianapolis, IN 46220
Broad Ripple NeighborhoodEstimated Value: $252,574 - $337,000
2
Beds
1.5
Baths
1,037
Sq Ft
$230/mo
HOA Fee
Highlights
- In Ground Pool
- Contemporary Architecture
- Corner Lot
- Home fronts a pond
- Wood Flooring
- Hiking Trails
About This Home
As of August 2017Come reserve your new home with this wonderful 2 bedroom 1.5 bath condo located in The Reserve at Broad Ripple! Sitting squarely in the middle of the pool, the pond and the Monon, this condo boasts hardwood floors, open floor plan, water view, finished room in basement, over-sized windows, and a balcony off of the master bedroom! Come take a look today!
Last Listed By
Jeremy Tritch
Dropped Members License #RB14047073 Listed on: 07/14/2017
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,616
Year Built
- Built in 2005
Lot Details
- Home fronts a pond
HOA Fees
- $230 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 2-Story Property
- Woodwork
- Thermal Windows
- Formal Dining Room
- Finished Basement
- 9 Foot Basement Ceiling Height
Kitchen
- Breakfast Bar
- Gas Oven
- Built-In Microwave
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Outdoor Features
- In Ground Pool
- Balcony
- Patio
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Electric Water Heater
Listing and Financial Details
- Security Deposit $1,650
- Property Available on 7/24/17
- Tenant pays for all utilities
- The owner pays for taxes
- Assessor Parcel Number 490336123130000801
Community Details
Overview
- Association fees include home owners, insurance, ground maintenance, maintenance
- Reserve At Broad Ripple Subdivision
- Property managed by KMC
Recreation
- Community Pool
- Hiking Trails
Pet Policy
- Pets allowed on a case-by-case basis
Security
- Storm Windows
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2017
Closed on
Aug 15, 2017
Sold by
Newman Don
Bought by
Warwick Sara
Seller's Agent
Jeremy Tritch
Dropped Members
Buyer's Agent
Christine Freiman
Asset One Real Estate Company
List Price
$209,900
Sold Price
$191,250
Premium/Discount to List
-$18,650
-8.89%
Total Days on Market
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,894
Avg. Annual Appreciation
5.78%
Purchase Details
Closed on
Jan 19, 2007
Sold by
1047 Llc
Bought by
Newman Don and Newman Marc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 29, 2005
Sold by
Pittman Steve
Bought by
1047 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.48%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Indianapolis, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Warwick Sara | $191,300 | -- | |
| Warwick Sara | $191,250 | Title Services, Llc | |
| Newman Don | -- | None Available | |
| 1047 Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Newman Don | $161,000 | |
| Previous Owner | Newman Don | $174,000 | |
| Previous Owner | Newman Don | $21,750 | |
| Previous Owner | 1047 Llc | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2017 08/15/17 | Sold | $191,250 | -8.9% | $184 / Sq Ft |
| 07/14/2017 07/14/17 | For Sale | $209,900 | 0.0% | $202 / Sq Ft |
| 04/13/2015 04/13/15 | Rented | $1,650 | -8.3% | -- |
| 04/13/2015 04/13/15 | Under Contract | -- | -- | -- |
| 03/03/2015 03/03/15 | For Rent | $1,800 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,620 | $223,600 | $26,700 | $196,900 |
| 2023 | $5,620 | $234,800 | $26,800 | $208,000 |
| 2022 | $5,145 | $215,600 | $26,700 | $188,900 |
| 2021 | $4,446 | $190,600 | $26,500 | $164,100 |
| 2020 | $4,419 | $188,700 | $26,400 | $162,300 |
| 2019 | $4,425 | $185,400 | $26,500 | $158,900 |
| 2018 | $4,710 | $195,700 | $26,500 | $169,200 |
| 2017 | $3,860 | $179,600 | $26,400 | $153,200 |
| 2016 | $3,662 | $174,000 | $26,300 | $147,700 |
| 2014 | $3,736 | $172,800 | $26,900 | $145,900 |
| 2013 | $1,912 | $181,300 | $27,100 | $154,200 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2017
Jeremy Tritch
Dropped Members
(317) 625-1611
-
C
Buyer's Agent in 2017
Christine Freiman
Asset One Real Estate Company
-
Buyer's Agent in 2015
Christine Dossman
CENTURY 21 Scheetz
(317) 213-3248
3 in this area
102 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21500273
APN: 49-03-36-123-130.000-801
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